Doing Business report

The World Bank Doing Business research (www.doingbusiness.org) annually compares the business environment, the factors impacting it and the administrative procedures regulating business in 190 countries. Doing Business research provides to investors information about regulations and requirements, which need to be considered when starting a business in the country.

Taking into account the survey results, a rating of countries is formed where the countries with the most favourable environment for starting business are ranked in top positions. The position granted to Latvia in the Doing Business research is among the factors that can improve countries competitiveness, interest to invest in Latvia and development of the national economy. According to the World Bank’s assessment, Latvia is among the TOP 30 leaders having implemented notable reforms to encourage business development.

Accessibility of electricity and the service of getting a connection to the power grid is evaluated within the research every year. For Sadales tīkls JSC this is an opportunity to compare accessibility of connection to the network among countries and to follow the practice of other countries in order to make the service of connection to the network simpler, faster and cheaper.